Auto Sector

Brent crude futures were down 17 cents, or 0.2%, to $86.00 per barrel. American West Texas Intermediate (WTI) crude was down 19 cents or 0.2% at $82.73 per barrel.

According to Chandrasekaran, the cancellation of DVRs will also result in a 3.2% dilution of promoter voting rights.

With a top line of Rs 2,100 crore and a net income of Rs 200 crore, the company ended FY23.

In March 2023, ARAI approved PowerCore 2.0 in accordance with the updated AIS-156 standards, giving consumers a longer battery life cycle and improved safety.

The main issue is the prevalent practice of applying GST to Input Tax Credits related to settled vehicle claims that have been salvage-adjusted and disallowed.

Investors with very high risk appetite and want to invest for 5 to 7 years in a housing sector mutual fund should invest in Kotak S&P BSE Housing Index Fund.

Recommendation: Buy; Target price: Rs 695

Recommendation: Buy; Target price: Rs 2600

Recommendation: Buy; Target price: Rs 1632

Recommendation: Buy; Target price: Rs 880